Choosing the Right Franchise

• 1). Determine what it is you seek in a franchising opportunity. Prioritize your concerns.
  
  
• 2). Consider whether you wish to buy a product or service franchise.
  
  
• 3). Consider the location of the franchise and the possibility for relocation.
  
  
• 4). Discuss the amount of money you have to invest and consider adopting one or more partners.
  
  
• 5). Calculate the return on investment that you expect and need.
  
  
• 6). Determine whether you will need low-cost or third-party financing.